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Dec 9, 2012
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i don't think it was substantive right to talk about designating china as a currency manipulator on the first day in office. that's not going to cure the problem. and especially since 2006 t chinese economy has risen by 26% against the dollar and that's not going to cure our trade deficit with china. we need to save more in this country and w count country and we need to get a handle on this deficit problem. but ronald reagan didn't get us into any wars, we had a police action in grenada, in eight years, that was it, yeah, you got to be strong, you got to maintain a strong national defense, fight against budget cuts and so forth. but unless there's a very large national interest involved, it can -- it's sometimes very counter productive to engage in some of these activities overseas, where right now, for instance, there's a lot of pressure on president obama to intervene militarily in syria, that would be the worst thing in the world we could do in my opinion. we should support the syrian opposition, politically, diplomatically, economically, but not militarily, because t t that's a sli
i don't think it was substantive right to talk about designating china as a currency manipulator on the first day in office. that's not going to cure the problem. and especially since 2006 t chinese economy has risen by 26% against the dollar and that's not going to cure our trade deficit with china. we need to save more in this country and w count country and we need to get a handle on this deficit problem. but ronald reagan didn't get us into any wars, we had a police action in grenada, in...
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Dec 26, 2012
12/12
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. >> bill: as the service industry goes to china and honduras the replacement for that should be skilled blue collar labor. people who can fix things, auto mechanics. >> the jobs are there now. >> computer guys learn how to fix your computer. >> the tinkering spirit is gone too. we don't allow our children to go outside and play for whatever reason. when is the last time you saw a kid building a tree house. >> bill: they are afraid of the child molesters. >> exactly. instead of fixing a bike they will throw a bike away. we used to learn those skills and then we had options. >> you are making a good point. president obama basically wants to create green jobs. >> doesn't exist. >> bill: doesn't yet but it might. >> a job is a job mr. you are putting a nut and bolt on a pickup truck or wind machine. >> you say maybe the president put some of the money instead of in the green jobs in the you call them the tinkering jobs. you be a tinker. >> go back the way it was. give the kids an opportunity studying or study math but also study wood shop. metal shop. >> here's the final question. president
. >> bill: as the service industry goes to china and honduras the replacement for that should be skilled blue collar labor. people who can fix things, auto mechanics. >> the jobs are there now. >> computer guys learn how to fix your computer. >> the tinkering spirit is gone too. we don't allow our children to go outside and play for whatever reason. when is the last time you saw a kid building a tree house. >> bill: they are afraid of the child molesters. >>...
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Dec 29, 2012
12/12
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china has bottomed, europe has stabilized so there are some things in place that can help offset these additional taxes and cuts to government spending. >> now, you mentioned two years ago shall the spending cuts, the fiscal cliff, it was designed to force washington to deal with the nation's long-term debt problem. and instead, here we are, a final hour, who knows what will happen next and i want to specifically ask you about the lack of progress on those structural issues like entitlement spending because even the plan c isn't touching that. so that means regardless of what happens before january 1st, investors will then be dealing with a certain degree of political risk long-term after the fiscal cliff deadline has passed. so, how will that affect the market on the economy in terms of spending cuts? >> well, my fear is that the compromise will be that we get the tax increases and they postpone the spending cuts and that's the ultimate objective. >> yes he. >> and you know, that is something that the economy will recover from and something will adjust to. remember, about half of the
china has bottomed, europe has stabilized so there are some things in place that can help offset these additional taxes and cuts to government spending. >> now, you mentioned two years ago shall the spending cuts, the fiscal cliff, it was designed to force washington to deal with the nation's long-term debt problem. and instead, here we are, a final hour, who knows what will happen next and i want to specifically ask you about the lack of progress on those structural issues like...
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Dec 26, 2012
12/12
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in many ways china is divided with the system that's better than the western systems where china is a special. second is that when they express that he is to become the new leader after the party of congress this is starting to become a strong leader like in taiwan but if the chinese leader becomes very, very strong typically we suppress the freedom of speech we are maybe making the current security apparatus even stronger meaning that this is a big dilemma where they become stronger and china becomes democratic as happens in taiwan and those are the two questions. >> china has become either part of the global problems or the part of the global solutions. and many people in the economic world particularly in the multinational fear that the china problem is a global problem. >> here you are getting beyond me in this respect. i am not seeing and i cannot see if it is a china problem or an american problem. i can see something as a human problem and it seems to me as a human problem on the agree actually with something that we don't agree with necessarily which is that if you can find a
in many ways china is divided with the system that's better than the western systems where china is a special. second is that when they express that he is to become the new leader after the party of congress this is starting to become a strong leader like in taiwan but if the chinese leader becomes very, very strong typically we suppress the freedom of speech we are maybe making the current security apparatus even stronger meaning that this is a big dilemma where they become stronger and china...
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Dec 9, 2012
12/12
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that's not going to cure our trade sef sit with china. we need to save more in this country and we deed to get a handle on this great big debt bomb that we've got out there if you want to soothe that problem. ronald reagan didn't get into any war. we had a police action in eight years. that was it. yeah, you've got to be strong, maintain a strong national defense, fight against budget cuts and so forth, but unless there's a very large national interest involved sometimes it's very counterproductive to engage in these overseas events. that would be the worst thing in the world we could do in my opinion. we should support the syrian opposition politically, diplomatically, economically, but not militarily brks but that's a slippery slope once you get into it. >> not even no-fly zone? >> when you do that, you have to take out the anti-aircraft batteries at risk. his government is going to fall. i think the policy that the administration is following on syria is absolutely the right policy to follow and i think the american people are going to
that's not going to cure our trade sef sit with china. we need to save more in this country and we deed to get a handle on this great big debt bomb that we've got out there if you want to soothe that problem. ronald reagan didn't get into any war. we had a police action in eight years. that was it. yeah, you've got to be strong, maintain a strong national defense, fight against budget cuts and so forth, but unless there's a very large national interest involved sometimes it's very...
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Dec 2, 2012
12/12
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send him to china. >> first of all, what is . >> a vegas odds makers is someone who predistincts the winner of a sporting event. it was a natural outgrowth for me. to predicting the winner of political elections. and i think it was 2004, news max, the conservative website said out of all the odds makers and pollsters in america the one who got the most accurate prediction was wayne root. i predicted bush by three points and 35 electoral votes and he won by three votes and. i'm darn good. are you breaking these political odds down by county? >> i just look at people. i'm a people person. the same reason i've been predicting sporting event. i'm good at who has the edge based on situation historical or situational situations based on whether players are up or down. psychologically based on how they played last week and next week. i felt the same way about election. i know, four years ago i spoke to probably 1,000 i was a vice president nominee hundreds of small business people. i would say normally you think of small business people being overwhelmingly conservative. four years ago half
send him to china. >> first of all, what is . >> a vegas odds makers is someone who predistincts the winner of a sporting event. it was a natural outgrowth for me. to predicting the winner of political elections. and i think it was 2004, news max, the conservative website said out of all the odds makers and pollsters in america the one who got the most accurate prediction was wayne root. i predicted bush by three points and 35 electoral votes and he won by three votes and. i'm darn...
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Dec 10, 2012
12/12
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we agreed and a lot of people say how are we going to compete with china and we can have the entire world at our disposal. under which the best people in the world can come to the u.s. and start businesses. >> then we have to focus on a special in the corporate tax reform to get the system which is simpler and promotes efficiency and these are for american businesses. then we have to and that will -- efficiency will be enormous. the next is an infrastructure investment to be made. in the context of the budget deal we are getting where we will spend less going forward. we have to think about what our values are and the most important things we can spend money are on infrastructure to make investments in the future rather than have short-term spending. and twin that with support for research, basic research and higher education and for education. if government does that and create some certainty, tell us what it will be. with respect to health care costs and energy costs. and then i think it will create the conditions under which businesses will be able to create a renaissance of american c
we agreed and a lot of people say how are we going to compete with china and we can have the entire world at our disposal. under which the best people in the world can come to the u.s. and start businesses. >> then we have to focus on a special in the corporate tax reform to get the system which is simpler and promotes efficiency and these are for american businesses. then we have to and that will -- efficiency will be enormous. the next is an infrastructure investment to be made. in the...
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bill across the united states china would like to see more of chinese investment in this country saudi arabia has been been on the record saying that they'd like to scuttle our efforts to enact a price on carbon pollution clean energy laws and that sort of thing so a lot of foreign countries have a big interest in american politics now they can play an outsized role in the challenge for both the press and the public is to figure out where this is happening the problem is so much is undisclosed and in the senate republican senators have abused the filibuster to block any type of reform i mean there are pretty simple fixes for a lot of this just forced some of these third party campaign organizations to disclose right in the public and press can very evaluate very very quickly we just have thirty seconds left you've been doing some research into who is funding grover norquist who has a. if you look behind his foundation over sixty percent six percent more than two thirds of his budget comes from just two billionaire backed nonprofits that's folks like steve bechtel steve schwarzman paul
bill across the united states china would like to see more of chinese investment in this country saudi arabia has been been on the record saying that they'd like to scuttle our efforts to enact a price on carbon pollution clean energy laws and that sort of thing so a lot of foreign countries have a big interest in american politics now they can play an outsized role in the challenge for both the press and the public is to figure out where this is happening the problem is so much is undisclosed...
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Dec 4, 2012
12/12
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CNBC
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there's a lot of problems out in the world and you know, raw materials depend a lot on china. we don't buy a lot of commodity companies. technology we go -- we go case-by-case and sec particular trends that worry people a lot and have maybe made some of those cheap. microsoft at 26 is a wonderful cash-generating battleship that is not going to be made obsolete by ipads. by ipads, indeed. wally, thank you. women leave it there appreciate it. >> thanks a lot. >> ty, to you. >> sue, 27 days to go until the fiscal cliff deadline and new data out showing one sector is pulling back their investments amid the uncertainty. phil lebeau in chicago with the story. phil? >> talking about business owners flat-out spooked about the economy, about the fiscal cliff and about whether or not there's going to be any certainty any time soon. we will explain and have the latest numbers coming up on "power lunch." i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male ann
there's a lot of problems out in the world and you know, raw materials depend a lot on china. we don't buy a lot of commodity companies. technology we go -- we go case-by-case and sec particular trends that worry people a lot and have maybe made some of those cheap. microsoft at 26 is a wonderful cash-generating battleship that is not going to be made obsolete by ipads. by ipads, indeed. wally, thank you. women leave it there appreciate it. >> thanks a lot. >> ty, to you. >>...
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Dec 27, 2012
12/12
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. planet earth was simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the -- in this conflagration, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that...
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Dec 28, 2012
12/12
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when we fall, china rise. open your eyes. let god come in to our life. we cannot live by the gun, money, and power. thank you very much. host: thank you for the call. and exclusive about every clan that she'll be back to work next week. she will return after three weeks of recovery after a stomach virus. she can move forward with their plan to testify in open hearings on the attacks in benghazi, testimony she was not ine to give earlier december. she will be back at the state department. she has been recuperating. next call from trenton, new jersey. our next call. caller: i voted republican but i have at one of independent the points. it seems we have a logjam in washington over this voting on the fiscal cliff. the log jam seems to be on the democrat side. they should try to place the blame on republicans. harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind straits, we're in for som
when we fall, china rise. open your eyes. let god come in to our life. we cannot live by the gun, money, and power. thank you very much. host: thank you for the call. and exclusive about every clan that she'll be back to work next week. she will return after three weeks of recovery after a stomach virus. she can move forward with their plan to testify in open hearings on the attacks in benghazi, testimony she was not ine to give earlier december. she will be back at the state department. she...
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Dec 14, 2012
12/12
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CNBC
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the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's counter intuitive. >> if that were to happen, i agree with josh. i don't know that i see that in front of us. if that were to happen, i think that present a great opportunity. i look at the financials. goldman sachs, i look at all the financials. jpmorgan, goldman sachs, i like them. >> i totally get what mike's saying. it's an interesting thing to consider. it's definitely possible of course. my inclination would be a 1,000 point dow rally. there's so much pent up fear and skepticism. with that out of the way in addition to what the feds told us, which is low rates until we're dead, i ca
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's...
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Dec 10, 2012
12/12
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somalia, china, mexico. in calista's case, her parents came, her grandparents came from switzerland and poland and in my case from places like scotland and ireland. you can learn to be an american. to do that, you have to learn to be an american. do you have an academic elites and news media elite who were opposed to teaching how to be an american company literally cut off the lifeblood of this country. so that's the basis of what we've been doing and that's why we have an american legacy to her. .. and sense i've written three novels on george washington, what a better pattern than to weave these giants, ronald reagan, after whom the soviet empire disappeared, and george washington after whom he can a country. what are the lessons of history? it will study the history because it is an interesting have it. i studied history to better understand present and the future so that i can be engaged in making history by being an intelligent person. that is what citizenship ought to be. and so what are some of the le
somalia, china, mexico. in calista's case, her parents came, her grandparents came from switzerland and poland and in my case from places like scotland and ireland. you can learn to be an american. to do that, you have to learn to be an american. do you have an academic elites and news media elite who were opposed to teaching how to be an american company literally cut off the lifeblood of this country. so that's the basis of what we've been doing and that's why we have an american legacy to...
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Dec 30, 2012
12/12
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as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making invest
as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i...
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Dec 7, 2012
12/12
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of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a
of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions...
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Jan 1, 2013
01/13
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we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on that. it sounds like a small summit. it is a low growth rate. which rain nobles in particular do you see having that sort of potential? >> double energy demand in world. they supply 30's are of it from renewables. it takes everything. yet here is part of that. there are some breakthroughs coming through. -- wind is part of that. there are some breakthroughs coming through. all of these are important. they all need additional technology applied to them. it is always interesting to see what we as a company do. our focus when it comes to the idea of why we would push renewables our focu
we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on...
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will retaliate in the classic cold war ways and that might be iran or that it might also be russia or china further on so it's it's a blind alley and i think the main thing is. how do you stop it i would suggest two things the one thing is a worldwide movement to bring in a peacekeeping force there is an organism called the collective security treaty organization this is sort of what filled the old soviet space after the the warsaw pact ended so it's russia kazakhstan and some others why not have. peacekeeping troops from the collective security treaty organization go in and separate the contenders inside inside syria it would be a way of saying recognizing the fact that syria belongs to the russian sphere more or less in terms of the of the division of the world the other thing though is if you look at who's destabilizing syria you see saudi arabia. qatar now the thing about those places or jordan similar is that these are futile monarchies these are absolute monarchies of a type you don't find anywhere else in the world they were about four or five hundred years behind the time some horre
will retaliate in the classic cold war ways and that might be iran or that it might also be russia or china further on so it's it's a blind alley and i think the main thing is. how do you stop it i would suggest two things the one thing is a worldwide movement to bring in a peacekeeping force there is an organism called the collective security treaty organization this is sort of what filled the old soviet space after the the warsaw pact ended so it's russia kazakhstan and some others why not...
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Dec 15, 2012
12/12
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china is overwhelmingly coal fired. they get another $5 million a year or so from trading in the space. what i would expect to see is some increasing of their mining revenues. >> two parts. the actual stock and the trade. >> i have no view on the stock. the fundamental picture that's set up in the relativeness to the shanghai i think is very interesting. i like the trade structure. if you're prepared to get along at 24, going to take some margin. >> it is. this is a trade that really gets the math working for you because you're short that put. if you're willing to buy the stock down there, it's a great way, no cost. nothing out-of-pocket to do that. >> one more time on the stocks verses options button. want to buy peabody, convinced it's a good china play? $28 a share. in mike's option, mike could be forced to buy it at $24 or about a 14% discount. we'll see carter later on in the show. got a question out there, send us a tweet at cnbc options. we'll answer it right after the show on our new website. yes, options action
china is overwhelmingly coal fired. they get another $5 million a year or so from trading in the space. what i would expect to see is some increasing of their mining revenues. >> two parts. the actual stock and the trade. >> i have no view on the stock. the fundamental picture that's set up in the relativeness to the shanghai i think is very interesting. i like the trade structure. if you're prepared to get along at 24, going to take some margin. >> it is. this is a trade that...
WHUT (Howard University Television)
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Dec 9, 2012
12/12
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WHUT
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if you are general electric, which has been a major outsourcer of jobs to china and other countries, do you think you're going to be talking about trade policy in the united states of america or maybe nuclear power in the united states of america? >> but this puzzles me. the fcc tried to do essentially the same thing four years ago, as you know, in the last year of the bush administration. and the senate went on record against it. you passed a strong resolution to say, "this far and no further." why would president obama's fcc chairman, try to do now what the republicans couldn't do then? >> that is a very good question, bill. and i don't have the answer. and it's not only that the senate passed a strong resolution. there were public hearings. and there was the opportunity for the public to give input into this decision making process. and huge numbers of people said, "wait a second, we do not need more media consolidation in america." senate came on record. so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we
if you are general electric, which has been a major outsourcer of jobs to china and other countries, do you think you're going to be talking about trade policy in the united states of america or maybe nuclear power in the united states of america? >> but this puzzles me. the fcc tried to do essentially the same thing four years ago, as you know, in the last year of the bush administration. and the senate went on record against it. you passed a strong resolution to say, "this far and...
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Dec 28, 2012
12/12
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
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Dec 27, 2012
12/12
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we should be putting pressure on reducing trade barriers in places like china instead of worrying about the value of their currency. we should be fighting on those issues. in terms of america moving ahead, i think if we make these positive changes, like a sound dollar again, simplified tax code the people can understand, and they get more free enterprise and health care were the patient is in charge rather than third parties. unc in much different country very quickly. you go run this country and you feel especially among younger people, there is a lot of entrepreneurial energy wearing to go. if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raise in the tops tax rate will not make a dent in the annual deficit. money gravitates to tax write- offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions,, and you would see a cleaner code, and less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning. the mo
we should be putting pressure on reducing trade barriers in places like china instead of worrying about the value of their currency. we should be fighting on those issues. in terms of america moving ahead, i think if we make these positive changes, like a sound dollar again, simplified tax code the people can understand, and they get more free enterprise and health care were the patient is in charge rather than third parties. unc in much different country very quickly. you go run this country...
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Dec 11, 2012
12/12
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MSNBCW
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we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. ou and i agreee do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the 8:00 a.m. the morning of january 2nd. they are going on right now. >> yes. >> there is probably a slightly better than 50/50 chance that there will be a deal before december 18th. assuming that we're close to a deal, i think it's going to happen right away and the democrats are going to be preparing legislation and it's going to be introduced right away, january 2nd, to make a middle class tax cut retroactive to january 1st. >> yes. exactly. and i think one of the striking things that we're not hearing right now are a stand your ground republicans in the house or in
we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. ou and i agreee do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the 8:00 a.m. the morning of...
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Dec 16, 2012
12/12
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CNBC
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. >> and will it be in china? will the iphone make it in china? >> i got up this morning and turned on cnbc. >> of course you did. >> one dude was at the shanghai store in line waiting for the iphone 5. >> there are a lot of pre-orders. but the question is, will they get china mobile? that's 80% of the smart phone users in china. that's a big question. >> how long have we been waiting for apple tv? >> we could be waiting for months more. >> john has the latest on a developing story between apple and walmart. john? >> yeah, melissa. big news today that kind of slipped under the radar. that's that walmart is discounting apple products way more than we could have expected. the iphone 5 starting today, the entry level iphone 5 down to $127. normally, at most outlets, $199. the new ipad, the fourth generation ipad, starting monday is going to be at $399, plus they'll throw in a $30 itunes gift card. i've been trying to make calls to figure out what the nature is of this promotion. what i gathered is this isn't something apple is pushing at all which pr
. >> and will it be in china? will the iphone make it in china? >> i got up this morning and turned on cnbc. >> of course you did. >> one dude was at the shanghai store in line waiting for the iphone 5. >> there are a lot of pre-orders. but the question is, will they get china mobile? that's 80% of the smart phone users in china. that's a big question. >> how long have we been waiting for apple tv? >> we could be waiting for months more. >> john...
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Dec 28, 2012
12/12
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WBAL
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. >>> as countless americans spend time with relatives this holiday season, consider a new law in china on family matters. it says those with aging parents must visit them, and often. just how often, it doesn't say. but according to the state media, parents who feel neglected by their children will be able to take them to court. >>> and a viral video has launched a kicker from norway to internet fame and beyond. 28-year-old hobart lugland has a crazy accurate left foot. his stunt kicks are so much fun to watch, he snagged more than 1 million youtube hits. he also has the attention of the nfl here at home, earning himself a tryout with the new york jets. good luck to him. >>> and we're back in a moment with our "making a difference" report. a new generation preserving a rich musical tradition. okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my mother was so wrong about you. next, we get priority boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm
. >>> as countless americans spend time with relatives this holiday season, consider a new law in china on family matters. it says those with aging parents must visit them, and often. just how often, it doesn't say. but according to the state media, parents who feel neglected by their children will be able to take them to court. >>> and a viral video has launched a kicker from norway to internet fame and beyond. 28-year-old hobart lugland has a crazy accurate left foot. his...
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Dec 12, 2012
12/12
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CSPAN2
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but the problem from a russian point of view was gorbachev also wanted to improve relations with china and japan. with 100 inf missiles directed at them how has he going to do that? it was not in their interests to have 100 missiles out of europe and it was really in their interests. we now have access and have for some years to records of politburo discussions and let me go back to a couple words about president reagan. before he first met gorbachev, he rode out on the yellow pad several pages without prompting from anybody what he wanted to achieve at geneva in his first meeting. mcfarland handed this to me as we regretting it off of the plane to go to geneva saying this is what the president had on his mind. if he is wrong we will straighten him out. it was a very perceptive paper and among other things he pointed out that the biggest problems, one of these was lack of trust. that he had to find a way to begin to create trust. we are not going to solve anything else. he also added, if i don't achieve anything else, i must convince gorbachev that we don't want an arms race. if he wan
but the problem from a russian point of view was gorbachev also wanted to improve relations with china and japan. with 100 inf missiles directed at them how has he going to do that? it was not in their interests to have 100 missiles out of europe and it was really in their interests. we now have access and have for some years to records of politburo discussions and let me go back to a couple words about president reagan. before he first met gorbachev, he rode out on the yellow pad several pages...
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Dec 10, 2012
12/12
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CNBC
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china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal.
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer....
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Dec 1, 2012
12/12
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KRCB
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there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the companies that have a china strategy? we hear from so many companies like starbucks or marriott hotels who say china is going to be their biggest market long-term outside of the united states. do you think that they're on track to continue with that policy, despite the bumps along the way? >> yeah, i think the big story here is really going to be the urbanization story. i mean the expectation that the chinese government has is really azing. they expect $300 million people are going to move from rural areas to urban areas within china over the next 20 years. if that happens the way the government expects it's
there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the...
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Dec 4, 2012
12/12
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FOXNEWSW
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obama's running, he says it's irresponsible to take a credit card in the name of our kids to the bank of china. we have to pay that money back. now it's 16.3. they're running out of money once again, so republicans are saying all right, we've got to eat our spinach, we've got to eat our broccoli. we've got to study, turn off the tv, turn off the video games and do our homework. is that as appealing as democrats saying free health care, free day care, we'll redistribute the wealth. i mean, it seems like there's a battle for the heart and soul of the country. where does america come down, and where was america traditionally? >> well, first let's address president obama's flip flop on his philosophy there when it comes to raising the debt ceiling. he certainly condemned president bush in those years of raising the debt ceiling, and then look at where he's taken this cufnlt he's taken us into a state of bankruptcy with his changed idea on it being a good thing to raise the debt ceiling. a very scary proposal was recently revealed by geithner essentially saying let the president have free rein on r
obama's running, he says it's irresponsible to take a credit card in the name of our kids to the bank of china. we have to pay that money back. now it's 16.3. they're running out of money once again, so republicans are saying all right, we've got to eat our spinach, we've got to eat our broccoli. we've got to study, turn off the tv, turn off the video games and do our homework. is that as appealing as democrats saying free health care, free day care, we'll redistribute the wealth. i mean, it...